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Committee advances HOA fee‑disclosure bill after stakeholder negotiations pledged
Summary
AB 7 39 (Jackson) would require managing agents to summarize fees charged to homeowners associations and provide that summary to boards and homeowners; the committee passed the bill to Housing and Community Development after the author pledged amendments to limit costs and clarify what fees must be disclosed.
Assemblymember Jackson’s AB 7 39, requiring managing agents to provide a summary of fees charged to homeowners association boards and homeowners, was passed by the Assembly Business and Professions Committee to the Committee on Housing and Community Development.
Jackson said he would accept amendments to remove an HOA board education provision and to clarify the specific fees to be disclosed; those amendments are expected to be taken in the Assembly Housing Committee. Paul Herrera, representing Inland Valley and regional associations of realtors, supported the measure as creating a simple, receipt‑style disclosure that would help elected HOA board members and homeowners understand management costs.
Representatives of community managers and the Community Associations Institute said they would remove opposition pending the changes, and the California Association of Community Managers said it would withdraw its opposed position after amendments clarify disclosure methods and avoid blanket mailings that raise cost concerns.
Committee members thanked the parties for negotiations; the committee voted to send AB 7 39 to Housing and Community Development for further amendment and fiscal consideration.
What’s next: AB 7 39 moves to the Housing Committee, where the author expects to adopt technical changes requested by managers and industry stakeholders.
